After several delays, we did finally close.

Hello everyone, I have been snooping around BP for a couple of weeks now and finally decided to join.

I did a cost analysis and found that it is not very profitable to flip, however I am really curious about renting.An example is a place I am looking at an 8 plex that does not have individual gas and electirc thus land lord must foot these costs.

$110K ended up being final price, other units in same building were selling in the 180-210k range in 2006/2007.

I researched for a year and a half before finalizing my investment goals.

Thanks for your analysis.

Finally, you could work as a buyer's agent or virtual assistant to one or more agents.

Or maybe you are such a Genious because in your profile it says you have completed " 2 "deals..... and you have been working for your parents on properties since you were a kid and FINALLY decided to take the plunge so your jelous that im half the age you are when i started...

Whats up brother, glad to see you finally on board.

I feel that with high cash flow properties, its still overestimating the actual return from the investment, but at least its giving some credit to the earlier cash flows and taking that into consideration.I will plug in a discount rate for NPV that reflects the amount of risk I am taking and make sure I get zero.I will look at the simple rate() of the overall investment by adding up all the cash flows, including the final sale proceeds and using excel's rate() function to get an annual compounded rate of return.